You are viewing a single comment's thread from:RE: Manufacturing price - how it is derived and why it harms the environment (ecology)View the full contextpositivesteem (69)in #economy • 8 years ago In economics, price is supposed to be determined by the forces of demand and supply
Well it is to a point, but you can't ignore the expenses and risks hence they dictate the better part of the end price. Demand&supply ratio is factored in later after all other things have been "accounted" for.